Sale of Yacht Path International assets is approved
Assets of Yacht Path International and its related entities were purchased by a sole bidder Monday for $250,000—an amount the company’s co-founder calls “an absolute joke.”
Court ruling leads to Yacht Path International shutdown
A U.S. Bankruptcy Court judge in Florida denied a trustee’s emergency motion requesting that Yacht Path International be allowed to use cash collateral to continue operations, according to court documents, resulting in the company’s shutdown.
Technology, Maintenance, Security and Transportation
A clean fuel tank, a safe voyage, a barnacle-free hull and peace of mind—the companies in this issue of our newsletter help bring you just that.